Are the bulls back?
We had many false starts, two years on... has the bull market finally arrived? Are we all too scarred by the 90% drop to see what is in front of us?
Steem is still one of the worst performing assets that I hold, but I expected it to be one of the last to moon. Once the majors are pumping, people will go hunting for more gains elsewhere and lower cap coins can really rally when they rally.
We've waiting this long... I don't think there is much longer to wait.
Many of the bad actors and those who were just here to milk rewards have disappeared, although new user numbers are stagnant. Some have even turned into Bitcoin Maximalist just in time for altseason. Again, the price rises always draws more people in.
It will be fun to wait and see.
I am optimistic too Kabir and i will wait and see and i am sure it will be fun to watch,lol.
I think the new users is the problem now and without an easy account creation it will still remain a problem for long.
Unfortunately steemit inc are obsessed with SMT's, I can't see how creating more tokens helps expand the ecosystem when the number of users has flat lined. Finishing one thing is better than working on many new projects which look exciting. I am just glad I have other crypto's which are doing better.
Tokens are kind of dead also,lol. I think that stinc believes that the different communities who will adopt an SMT will start onboarding new users that eventualy will end up at steem. But i dont see it working, appics is a good example. As an app appics onboards a lot of new users by creating an acount for them, give them a username and a password and they start using the app. For as long as i follow appics, almost none of them moved to try steemit, i think almost none knows what steem is and that appics is part of it. I mean, some of them are getting rewarded with steem along with ARX tokens. Do they know that they have steem wallet aslo?lol
I think what steem needs is an easy account creation that will lead the user to the more complicated things in time and with the help of the community. Maybe a newcomer could create a new account like fb, make a profile, start voting but his votes will have 0 impact, commenting but his comments will be temporary and not recorded on blockchain, posting and receiving rewards which would be held until will make a proper account.
In this way a newbie will have the time to engage with the community with ease learn whats going, see his content get rewarded and maybe like the idea. Its totally no risk for both parties.
Unfortunately that's a basic problem that no body seems to investing serious time in solving. It was a glaring weakness two years ago when I joined and hasn't improved in that time.
Then again, we did moon to above $7 even with those problems back in 2017, so there maybe hope yet. It is still one of the easiest blockchains for users to create content and earn crypto.
Im just happy to still see u around...
haha - I am stubborn. As Sun Tzu says - if you wait by the river long enough, the bodies of your enemies will float by.
Good to see you here too. Hopefully we can have more positive price action over the next two years compared to the last two!
Fuck the price... I been 80% under for about 2 yrs...and im not rich,but it will do me no good to get desperate....i wish..we can phone if u like...i know u got noting to llok from me...but you might be wronh...i remember me rooting for EOS,and you beliveng in Cardano!...i been following both...and im broke..! Im in Romania now,im soo stupid compared to you... But lets tAlk...you might be whort fot a swc..
Everyone is down after that bear market. Very few people ever time the market right. The main thing is, you have got some crypto and you understand it better than 90% of people on this planet, maybe even 99%!
Happy to have a call, DM me (do you know how to send private messages via steemit?) and we can catcup in February - January is crazy busy.
Keep well @abbak7
That sounded way too optimistic. There are still plenty of those left.
Well Haejin has stopped shitposting and another annoying person has become a bitcoin maximalist and gone of to medium. Take the good news where you can find it.
It's a start.
Two years ago, we had little to no influence. Now many people I joined with have good steem stacks and can make a difference by how we vote.
I choose to he optimistic 🤞
We can chat on Discord about this.
We have to wait and see. No telling what the future is. 😊
The truth will only be revealed with time, but while we are here; Why not dream a little?
Indeed! We can all afford to dream a little. 😊
Time will tell if steem is worth it. But I still believe in it though.
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If it was a guaranteed investment, then you wouldn't get the 90% drops and you wouldn't get the 1,000% upswings. High risk, high reward and a bit of faith :)
we allz got PTSD
PTSD will wear off just in time to fomo into the top of the next bull cycle 😂
Will the trauma ever STOP!